After the Airports Economic Regulatory Authority (AERA) revised the airport tariffs, the Airports Authority of India (AAI) is expecting a net profit of Rs 1,500 crore this fiscal on account of increase in revenue.
AAI said that it expects to earn a net profit of Rs 1,500 crore as it has seen improvement because of new increased tariff regime of AERA. AAI claimed that the State-run airport operator would not lose any revenue on account of privatisation of six airports, including Kolkata and Chen
Tag: AAI
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AAI eyes Rs.1,500 cr profit this fiscal
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Port Blair Airport terminal
The Union Minister of State for Civil Aviation KC Venugopal said that the projected date of completion of new terminal building of Veer Savarkar International Airport at Port Blair is December 2017 and is scheduled for commissioning by March 2018.
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Hubli airport gets cargo service facility
After a long wait, Hubli airport has now got the cargo service facility. Traders and the general public can easily export various commodities through the new facility. After much discussion and studying the feasibility, the Airports Authority of India (AAI) has recently given its approval for the cargo service.
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Radar facility at Cochin airport
For its better performance, the Cochin International Airport in Kerala will be equipped with a radar system costing Rs 30 crore and it will become operational soon. The Airport Authority of India (AAI) is conducting final tests and the nod from the Director General of Civil Aviation for commissioning the system is now awaited.
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Workshop on safe workplace
A two-day workshop on "How to make the Workplace - Positive, Healthy, Ethical and Safe" was conducted by Airports Authority of India (AAI) recently at Indian Aviation Academy, New Delhi.
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AAIs best CSR practice
Airports Authority of India (AAI) bagged the '3rd Asia's Best CSR Practice Award' under the category Developing Sustainable Strategies for the year 2013. The award was received by Manoj Kumar, AGM (HR), AAI, in an inspiring event held in Singapore.
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Govt to implement 8 airport projects in 2013
Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
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Govt to implement 8 airport projects in 2013
Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
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AAI set to get land for two airport expansion projects
According to media reports, the Tamil Nadu government is set to handover land for the expansion of Madurai and Tuticorin airports to the Airports Authority of India (AAI). For the Madurai airport project, the state government is set to issue acquisition notification, while for the Tuticorin project, the process of issuing acquisition notification would be completed soon, reports indic
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Govt to upgrade Juhu airport for Rs 20 bn
Media reports indicate that the union government approved a Rs 2,000 crore project to extend the runway of Juhu airport in Mumbai by 650 metre into the sea. The project, which is part of the overall plan to redevelop the airport, is intended to begin operation of private jet and small turboprop and ATR in